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Markets in USA & Canada

机译:美国和加拿大市场

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Rising coil prices last month looked as if they would soon hit a ceiling but the spot market prices have continued to climb. Much encouraged, steelmakers have set still higher prices for the third quarter. Demand still looks strong, and mills are holding down their capacity utilisation rates, but US prices still look vulnerable when compared with international prices. Economic data for the first quarter this year show the US economy returning to its previous growth path after a brief setback in the fourth quarter. Tighter monetary conditions and the drain of the huge trade deficit are likely to slow the expansion rate this year, but it may still be close to 3 percent in real terms, a sharp contrast with the EU where, even with improved prospects, the "old" 15 are projected to struggle to hit an average of 2 percent.
机译:上个月的卷材价格上涨似乎很快就会达到顶峰,但现货市场价格仍在继续上涨。令人鼓舞的是,钢铁制造商为第三季度设定了更高的价格。需求看起来仍然强劲,钢厂正在降低其产能利用率,但是与国际价格相比,美国价格仍然脆弱。今年第一季度的经济数据表明,美国经济在第四季度经历了短暂的挫折之后又恢复了以前的增长路径。紧缩的货币条件和巨额贸易赤字的流失可能会减缓今年的增长速度,但按实际价值计算,仍可能接近3%,与欧盟形成鲜明对比,在欧盟,即使前景改善, “预计15人的平均命中率将达到2%。

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